How does the ECB feel about Bitcoin? : Interview with Marc Friedrich ②
The ECB is scared of Bitcoin because they see how dominant and powerful it has become. As Gandhi once said: “First, they ignore you, then they laugh at you, then they fight you, then you win.” They ignored it in the early days, then they laughed at it, and I believe we are at stage three now where they are fighting us. For me, that's a symbolic sign that we are going to win. It is overwhelming for governments because it is more powerful than people thought, and it cannot be abolished or banned. So, their last measure was to regulate, put it on the black-list and spread propaganda about it so people refrain from dealing with it.